Here's how families plan to use their Child Tax Credit money
It was a choice between "back-to-school stuff or food" before the first government check arrived, one mom said.
Child Tax Credit
June retail sales numbers show spending in U.S. is up
The U.S. Census retail sales report for the month of June was released on Friday and to many analysts, the numbers were promising. The 0.6 percent bump in sales is significant, the Commerce Department says, since the last rise of this size was last seen in March 2021 around the time stimulus checks were doled out. Diane Swonk, chief economist for Grant Thornton, joined CBSN to help make heads or tails of what the rise could mean for Americans.
Child Tax Credit: How much you'll get — and how to opt out
Questions abound about the new tax program, ranging from whether newborns can get checks to the impact of marital status.
Biden hosts German Chancellor Angela Merkel
On Thursday, President Biden hosted German Chancellor Angela Merkel for what's likely to be her last visit to the White House as the leader of Germany. CBS News correspondent Skyler Henry reports on what the two leaders discussed, then CBSN anchor Lana Zak and CBSN political contributor Sean Sullivan discuss how the two leaders reaffirmed the relationship between their nations, and America's newly enhanced child tax credit.
Biden meets with Germany's Angela Merkel
President Biden met at the White House with German Chancellor Angela Merkel on Thursday as he seeks to reaffirm the U.S. relationship with European allies. CBSN Washington reporter Caitlin Huey-Burns, NPR's White House correspondent Tamara Keith, and Axios' political reporter Sarah Mucha join "Red and Blue" anchor Elaine Quijano to discuss the day's political headlines, including a meeting between House Republican leader Kevin McCarthy and former President Donald Trump.
Child Tax Credits land in families’ bank accounts
The IRS has begun distributing payments to eligible families with children under age 17 as part of the Child Tax Credit. Households will receive up to $300 a month for each child.
Biden celebrates "life-changing" Child Tax Credit payments as checks go out
Democrats push for payments to extend beyond 2021 as the first checks hit bank accounts July 15
Biden and Harris on Child Tax Credit payments
President Biden said it was a "historic day" as roughly $15 billion were distributed to the families of nearly 60 million children in the first monthly payments of the advanced Child Tax Credit. He and Vice President Kamala Harris spoke Thursday about the payments. Watch their remarks.
Biden urges Democrats to back budget plan
President Biden met with fellow Democrats on Capitol Hill to shore up support for a new $3.5 trillion budget plan that could include an expansion of new Child Tax Credit payments. Republicans won't back the plan, so every Senate Democrat needs to be on board in order for it to pass. CBS News senior White House and political correspondent Ed O'Keefe joined CBSN to discuss.
House Democrat on Child Tax Credit and more
Millions of parents across the country could see extra money in their bank accounts starting Thursday as the new monthly Child Tax Credit payments begin. The rollout comes after President Biden met with fellow Democrats on Capitol Hill to shore up support for a $3.5 trillion infrastructure plan that could include expanded Medicare coverage, money to fight climate change and a pathway to citizenship for certain immigrants. Congressman Ro Khanna, a Democrat from California, joined CBSN's Tanya Rivero to discuss.
Child Tax Credit: Here's when payments will hit accounts
IRS sending payments of up to $300 per child as part of the government's efforts to "supersize" stimulus aid.
Families set to receive child tax credit payments
The federal government will begin dispersing monthly cash payments to low- and moderate-income families on July 15 as part of the child tax credit program included in the latest round of COVID relief. The rollout comes as the Federal Reserve paints a clearer picture of the current state of the economy, saying inflation will likely remain elevated in the coming months. CBS News reporter Sarah Ewall-Wice joins CBSN's Lana Zak with the details.
Democrats unveil $3.5 trillion budget
President Biden held a high-stakes meeting with Senate Democrats as he seeks support for a $3.5 trillion spending plan. Kris Van Cleave has the latest.
Budget deal, crime concerns, troop withdrawal
CBS News correspondent Natalie Brand, National Journal columnist Josh Kraushaar, and BuzzFeed News political reporter Kadia Goba join "Red and Blue" anchor Elaine Quijano to discuss Senate Democrats' $3.5 trillion budget deal, a new poll on concerns about rising crime, and how the White House says it will help those who assisted the U.S. during the war in Afghanistan.
How child care affects U.S. economic recovery
Millions of eligible families will receive the first in a series of monthly payments of the expanded Child Tax Credit this week, which could help parents and guardians struggling to pay for child care. Richard Weissman, CEO and founder of The Learning Experience, joined CBSN to discuss why child care is so crucial to the nation's economic recovery.
Biden to discuss nationwide gun violence surge
President Biden will focus on the recent surge in crime and deadly gun violence across the country during a high-stakes meeting Monday at the White House with Attorney General Merrick Garland, New York City mayoral candidate Eric Adams, local leaders and law enforcement officials. CBS News senior White House and political correspondent Ed O'Keefe joins CBSN with the latest developments.
Stimulus aid roundup: Here are benefits you might have missed
Some people may qualify for more stimulus cash than they realize, while other programs can offer surprise benefits.
Child Tax Credit: Here's who will get up to $1,800 per child in cash
The expanded tax credit isn't available to all parents, and some recipients may be asked to repay the IRS next year.
Understanding the new child tax credit plan
Millions of families will receive monthly cash payments thanks to the new child tax credit plan. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to explain who qualifies and how much they'll get.
Biden economic adviser talks Child Tax Credit
The Biden administration wants to raise awareness about the government's expanded Child Tax Credit, the monthly payments to families the administration is pushing to put in place long term. Heather Boushey, a member of the White House Council of Economic Advisers, joined CBSN to discuss how an extension would be paid for and how the program would affect child poverty.
Expanded child tax credit starts next month
The Biden administration will begin investing in low- and middle-income families through the expanded child tax credit program starting next month. Eligible parents with children under 18 will receive monthly payments this year to help with the cost of raising kids. CBS MoneyWatch reporter Aimee Picchi joined CBSN to discuss who is eligible and how much they'll receive.
White House press secretary on Biden's domestic agenda
Some of President Biden's key legislative priorities face tests this week, as lawmakers continue to negotiate an infrastructure plan, voting rights legislation and police reform. White House press secretary Jen Psaki joins "CBS This Morning" to discuss.
Democratss press forward with election reform vote
Senate Majority Leader Chuck Schumer will hold a procedural vote on Democrats' S1 or the "For the People Act" on Tuesday, despite opposition to the bill from Republicans and even members of the Democratic party. CBS News congressional correspondent Nikole Killion, Politico "Playbook" co-author Tara Palmeri and LA Times White House reporter Eli Stokols join CBSN's "Red and Blue" anchor Elaine Quijano with details on the battle over voting rights, the latest on infrastructure negotiations and a new poll that shows conservatives rallying behind Florida Governor Ron DeSantis over former President Trump.
#MoneyTok: The expanded child tax credit
President Biden's expansion of the child tax credit will put cash in the accounts of qualifying families every month, starting July 15. Here are the details.
Millions to receive 2021 child tax credit
A new IRS tool will help millions of low-income Americans file for their 2021 child tax credit. The monthly payments will begin July 15 and extend through the year. While Democrats are trying to make the current payments permanent, Republicans are looking to introduce their own version of the credit. CBS News reporter Sarah Ewall-Wice joined CBSN's Elaine Quijano to discuss.
Live
U.S. carries out 10th night of strikes on Iran after 3 U.S. troops killed
At least 3 U.S. service members were killed over the weekend in Iraq and Jordan, where back-to-back Iranian attacks on a U.S. base seem to have evaded defenses.
Trump to impose 50% tariffs on Canadian hockey sticks, alcohol, other goods
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
Tropical Storm Bertha strengthens, threatening Gulf Coast
Tropical Storm Bertha is the second named storm of the Atlantic hurricane season.
Exclusive
Nearly 100 U.S. service members injured in Iranian strikes this month
Almost 100 American service members have been injured in strikes on bases in the Middle East this month, most of whom have returned to duty, U.S. officials said.
Key Arizona primaries to watch today
Arizona has traditionally been a red state, and six of its nine House representatives are Republicans.
FDA still probing Taylor Farms lettuce despite false positive test
The FDA said that as of Sunday, it had not found any "confirmed positive sample results for product testing" in the cyclosporiasis outbreak.
NYT moves to quash subpoenas for phone records of reporters and family members
The New York Times moved to quash subpoenas that sought phone records of the reporters and their relatives, including the spouses of two reporters and one reporter's mother.
Tourists stabbed near famed Acropolis in Athens, Greece
A man stabbed two tourists near the ancient Acropolis in Athens, Greece's top tourist attraction, police said.
First on CBS
Trump to keep using old Air Force One while new plane gets security upgrades
The new Air Force One "has a lot of capability, but as I understand it, in about a month or so, they're going to send it to have it be maxed out," President Trump said Sunday.
U.S.
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Supreme Court will review Alaska's bid to seize plane over 6-pack of beer
The pilot, Kenneth Jouppi, argues that taking his 1969 Cessna would violate the Eighth Amendment's "Excessive Fines Clause."
Video appears to show United employee threatening to call ICE on customer
A United Airlines employee appears to have been caught on video threatening to call U.S. Immigration and Customs Enforcement on a passenger last week at San Francisco International Airport.
Tropical Storm Bertha strengthens, threatening Gulf Coast
Tropical Storm Bertha is the second named storm of the Atlantic hurricane season.
NYT moves to quash subpoenas for phone records of reporters and family members
The New York Times moved to quash subpoenas that sought phone records of the reporters and their relatives, including the spouses of two reporters and one reporter's mother.
Trump to impose 50% tariffs on Canadian hockey sticks, alcohol, other goods
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
MoneyWatch
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Trump to impose 50% tariffs on Canadian hockey sticks, alcohol, other goods
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
What to know about Taylor Farms amid the cyclospora outbreak
The nation's largest recent cyclospora outbreak has put one of America's biggest produce suppliers under renewed scrutiny.
Judge temporarily halts Paramount-Warner Bros. Discovery merger
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
How 401(k) fees can cost tens of thousands in retirement savings
About four in 10 workers aren't even aware they pay fees on their 401(k)s, research has found. Here's what to know.
The U.S. labor market may soon face a new crisis: Too few workers
A severe labor shortage is set to emerge over the next decade amid a wave of baby boomer retirements and a shrinking younger workforce.
Politics
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Supreme Court will review Alaska's bid to seize plane over 6-pack of beer
The pilot, Kenneth Jouppi, argues that taking his 1969 Cessna would violate the Eighth Amendment's "Excessive Fines Clause."
Key Arizona primaries to watch today
Arizona has traditionally been a red state, and six of its nine House representatives are Republicans.
NYT moves to quash subpoenas for phone records of reporters and family members
The New York Times moved to quash subpoenas that sought phone records of the reporters and their relatives, including the spouses of two reporters and one reporter's mother.
Trump to impose 50% tariffs on Canadian hockey sticks, alcohol, other goods
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
Exclusive
Nearly 100 U.S. service members injured in Iranian strikes this month
Almost 100 American service members have been injured in strikes on bases in the Middle East this month, U.S. officials said.
HealthWatch
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HealthWatch
FDA says it's still investigating Taylor Farms
The FDA says Taylor Farms lettuce is still the focus of their ongoing cyclospora investigation, despite a false positive test announced Sunday. Carter Evans reports.
Severely ill prisoners granted early release are left stuck behind bars
Prisoners with severe medical conditions can be granted compassionate release, but without a long-term care facility willing to accept them, many continue to wait in prison as their conditions worsen.
FDA still probing Taylor Farms lettuce despite false positive test
The FDA said that as of Sunday, it had not found any "confirmed positive sample results for product testing" in the cyclosporiasis outbreak.
Judge Ronald Gould on persevering despite his MS
Ronald Gould is a federal judge on the Ninth Circuit Court of Appeals in Seattle, one rung below the U.S. Supreme Court. At 79, he shoulders a full caseload despite living with progressive multiple sclerosis. He talks with CBS News chief medical correspondent Dr. Jon LaPook about working with MS, a condition he faces with grit and a healthy dose of humor. LaPook also talks with one of Gould's former law clerks, Karla Gilbride, an attorney who has been blind since birth.
Ted Danson with 4 tips on aging creatively
Studies show that having a positive outlook about aging, and having good social networks, can have positive health benefits, from preventing memory loss to a longer life expectancy. Actor Ted Danson presents "Sunday Morning" viewers with advice on how to embrace aging.
World
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Tourists stabbed near famed Acropolis in Athens, Greece
A man stabbed two tourists near the ancient Acropolis in Athens, Greece's top tourist attraction, police said.
Trump to impose 50% tariffs on Canadian hockey sticks, alcohol, other goods
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
Exclusive
Nearly 100 U.S. service members injured in Iranian strikes this month
Almost 100 American service members have been injured in strikes on bases in the Middle East this month, U.S. officials said.
Video of Moroccan man dying while pinned down by police sparks anger in Italy
The death of a Moroccan man as he was detained by Italian police in Bologna has sparked anger and a formal investigation.
Tate brothers detained as they face new charges, possible U.K. extradition
Influencer brothers Andrew and Tristan Tate will fight extradition to the U.K., where they face rape and sex trafficking charges.
Entertainment
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Judge temporarily halts Paramount-Warner Bros. Discovery merger
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
Judge pauses in Paramount-WBD merger
A judge has granted a temporary restraining order to temporarily block the Paramount Skydance-Warner Bros. Discovery merger from happening. CBS News' Jake Rosen reports. Paramount Skydance is the parent company of CBS News.
Christopher Nolan describes challenges of creating "The Odyssey"
"The Odyssey," which was shot in six countries, pulled in more than $260 million worldwide over the weekend.
Christopher Nolan talks "The Odyssey"
Oscar-winning director Christopher Nolan talks about his latest movie, "The Odyssey," which was shot in six countries. He tells "CBS Mornings" about what it was like working with the star-studded cast and challenges faced when creating the film.
"The Odyssey" wins big at the box office
"The Odyssey" raked in more than $264 million worldwide over the weekend. A majority of ticket buyers cited director Christopher Nolan as their primary reason for seeing the movie, according to PostTrack, a film industry research service. Adriana Diaz reports.
Technology
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Technology
Exclusive discounts from CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Can you spot an AI image? Quiz shows how difficult it has become.
An AI expert said the telltale signs people once relied on, such as distorted fingers, unnatural eyes, or other obvious visual flaws, have largely disappeared as technology has improved.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Erin Brockovich on data center regulation
New York is now the first state to temporarily ban data center construction, paving the way for others to follow suit. Environmental advocate Erin Brockovich joins "The Takeout" to discuss.
Mayor to homeowner losing sleep over data center plant: "Consider selling"
Noise from a Mississippi plant powering Elon Musk's xAI data centers in the area is causing migraines, ringing ears and sleepless nights, residents say.
Science
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Science
Wildfire smoke continues to shroud U.S.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
How AI data centers impact the environment
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomer's name deciphered from ancient Mayan ruins for first time
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
Disclosure Foundation head on new UFO files
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
Crime
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Tourists stabbed near famed Acropolis in Athens, Greece
A man stabbed two tourists near the ancient Acropolis in Athens, Greece's top tourist attraction, police said.
Tate brothers fight UK extradition
Brothers Andrew and Tristan Tate appeared in court in Miami on Monday as they fight an extradition request from the UK over new sex crime-related charges. Cristian Benavides reports from Miami.
What to know about the Tate brothers
Andrew and Tristan Tate appeared before a judge in Miami on Monday as British prosecutors seek extradition of the pair to face dozens of sex-related charges. Cristian Benavides has more.
Details on suspect in NYC explosion
U.S. Army veteran Andrew Arrabaca, 43, is in custody Monday after allegedly setting off fireworks and igniting a fire outside a federal building in New York City on Monday. Tom Hanson reports.
New details on Manhattan explosion suspect
The FBI has identified the suspect in Monday morning's explosion outside a federal building in New York City as a 43-year-old U.S. Army veteran. CBS News' Anna Schecter has the latest.
Space
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Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Telescope spots most distant quasars ever discovered
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
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World Cup champs greeted as heroes in Spain
The celebration in Spain continued Monday as World Cup champions La Roja returned home to a heroes' welcome. Nicole Valdes has one last look at the 2026 tournament.
AAA: U.S. gas back up to $4 a gallon average
As fighting with Iran ramps up, a gallon of regular gas is once again $4 on average, up 13 cents in one week, according to AAA. Severin Borenstein, professor at UC Berkeley's Haas School of Business, joins with analysis.
Troy Jackson set to be Maine Senate nominee
Former state senator Troy Jackson, who calls himself a "pickup progressive," is set to become Maine's Democratic Senate nominee. He'll replace Graham Platner, who left the race following accusations of sexual assault. Fin Gómez reports.
New round of strikes targeting Iran underway
A 10th straight night of U.S. strikes on Iran is underway as President Trump vows Tehran will pay for the deaths of three American soldiers over the weekend. CBS News senior national security correspondent Charlie D'Agata reports. Then, global affairs analyst Jonathan Wachtel joins to discuss the state of the war.
How the UK had 6 prime ministers in 7 years
Andy Burnham became the UK's new prime minister on Monday, calling for a national "reset" as many Britons struggle with poverty and an elevated cost of living. CBS News' senior foreign correspondent Imtiaz Tyab reports from London and Lindsey Reiser looks at the timeline of recent British prime ministers.